Inside the Edition: The high-risk business of ground-up development

Real estate investors are currently juggling two industry absolutes: New buildings must be built, and the real estate cycle must eventually turn. What makes development so risky at any point in the cycle? Does development risk differ across property types? What methods are available for mitigating risk? And what role do advancements in technology play in driving new construction? We talk with contributing reporter Reg Clodfelter, who recently authored a feature story on the topic, about the answers to those questions. (10/2016)